Tag: Gambling Headlines

Petition granted. The United States Supreme Court has agreed to hear New Jersey’s appeal in the state’s long-running quest to offer legalized sports betting. The ruling breaks a string of courtroom losses for New Jersey, dating back to 2012. The five major sports leagues — the NCAA, NFL, NBA, NHL and Major League Baseball —…

Monday was expected to be the day the U.S. Supreme Court would announce whether it will hear New Jersey’s years-long effort to legalize sports betting at casinos and racetracks. But a decision never came, either for or against the state. Now, experts say, the nation’s highest court could make an announcement Tuesday — though even…

Russia’s regulated sports betting market could triple its turnover over the next five years thanks to new market entrants and high-profile sports events like the 2018 FIFA World Cup. Russian gambling affiliate Bookmakers Ratings recently issued a new report that pegged current annual turnover of the Russian betting market at around RUB 677b (US $11.75b),…

Kenyan MPs have approved a new 35% tax on gambling companies, in a move that represents a significant increase on the current rate of 7.5%. Earlier this week, legislators had opted not to back a proposed 50% gambling tax put forward by Kenyan President Uhuru Kenyatta, which in turn led to a delay in the…

Thursday was an important day for the future of sports betting in New Jersey and the rest of the United States. But we won’t know what happened until Monday. The US Supreme Court justices met on Thursday to consider a number of cases for a possible appeal. Among them was Christie vs. NCAA et al…

The US Federal Trade Commission (FTC) has said that it will seek to block the proposed merger between daily fantasy sports (DFS) companies DraftKings and FanDuel. According to reports in the US, the FTC has raised concerns over how the deal could impact competition in the US DFS sector, forecasting that the combined company would…

The prospects of Illinois’ legislature passing a bill that would legalize and regulate online gambling and daily fantasy sports got a boost as lawmakers head back to the state capitol for a special session. The Senate passed an iGaming and DFS bill — H 479 — at the end of May. But the House did…

Those hoping that New York will legalize online poker this year shouldn’t bet on it. Though the Senate recently passed the bill, Assembly Democrats, who discussed the issue behind closed doors last week, are not expected to take it up before the legislative session’s scheduled end Wednesday. “There was some opposition; we’ll pick it up…

The UK National Lottery will be evaluated by its provider, Camelot, due to low sales. As the UK National Lottery has faced an 8.8 percent drop, its provider, Camelot, has announced it will review the strategy and current structure of the popular game. According to the iGaming Business, the major concern of the gaming company…

Caesars’ first attempt to bring skill-based games to its Atlantic City casinos was apparently a flop, according to a report. The 21 games placed at Harrah’s Resort, Caesars and Bally’s have been pulled after they failed to generate enough revenue to cover vendor fees, according to PressofAtlanticCity.com. Games such as “Danger Arena,” were rolled out…